OTCQX:AGXXF - Post by User
Comment by
Matlockon Aug 01, 2017 12:49pm
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Post# 26534010
RE:what now?
RE:what now?Am long term bullish on AGT. Medium term, I think the extension of the fumigation exemption through Dec 31 is a positive. (Given the number of times India has extended the exemption, I am doubtful they would ever actually implement it).
My guess on the recent downward price action might be related to deteriorating crop conditions, due to the lack of rainfall. The July 18-24 Saskatchewan crop conditions report significantly downgraded the percentage of crop rated 'good' or better for both peas and lentils, compared to earlier June and July reports.